Associated person: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Generalise definition.)
imported>Doug Williamson
(Clarify 2nd paragraph.)
 
(One intermediate revision by the same user not shown)
Line 1: Line 1:
''Criminal law - Bribery - UK’’
''Criminal law - Bribery - UK.


Under the UK Bribery Act 2010, an organisation will only be held criminally liable for the acts of an 'associated person' where that person actually represents or performs services for it and the bribery committed is intended to benefit that organisation.  
Under the UK Bribery Act 2010, an organisation will only be held criminally liable for the acts of an 'associated person' where that person actually represents or performs services for it and the bribery committed is intended to benefit that organisation.  


This is a different definition from an associate in relation to financial reporting or an associated company.
 
Note this is a different definition from an 'associate' in relation to financial reporting, or an 'associated company' for tax purposes.





Latest revision as of 08:00, 9 November 2018

Criminal law - Bribery - UK.

Under the UK Bribery Act 2010, an organisation will only be held criminally liable for the acts of an 'associated person' where that person actually represents or performs services for it and the bribery committed is intended to benefit that organisation.


Note this is a different definition from an 'associate' in relation to financial reporting, or an 'associated company' for tax purposes.


See also